President Vladimir Putin said he is willing to discuss ending Russia's war in Ukraine, despite rejecting changes sought by Kyiv and Europe to the U.S. peace plan drafted with Moscow. Putin said he has "practically agreed" to the proposals to end the war outlined in summit talks with U.S. President Donald Trump in Alaska in August. "To say that we reject something is simply incorrect and has no basis in fact," he said Friday at his annual televised press conference in Moscow. "This issue is entirely on the side of our Western opponents, so to speak, primarily the leaders" of Ukraine and...
The Hang Seng Index opened slightly lower by 0.07% to 26,263 on Friday (October 31st), moving flat after a 0.2% decline in the previous session to 26,283. This cautious movement occurred amid mixed sentiment: some technology stocks weakened, while the market digested news of a US-China trade truce that had not yet fully boosted risk appetite. Data-wise, China's manufacturing PMI contracted again in October, signaling continued pressure on the factory sector and curbing the Hong Kong stock market rally. Meanwhile, Asian market analysts noted that regional stocks are likely to strengthen this...
Asia-Pacific markets opened mostly higher on Friday, with Japan's Nikkei 225 rising more than 1% to a new record, as investors reacted positively to the truce between Washington and Beijing following a meeting between U.S. President Donald Trump and Chinese President Xi Jinping. The two leaders reached a trade deal in their high-stakes meeting in South Korea on Thursday, easing tensions over rare earth elements that had threatened to escalate into a full-blown trade war. "Both sides appear to be preserving leverage for future negotiations by using these measures as bargaining chips," said...
Japanese stocks are higher as the yen weakens sharply following the Bank of Japan's decision to keep its policy rate unchanged on Thursday. Tech and electronics stocks are leading gains. SoftBank Group is up 2.6% and Sony Group is 3.0% higher. USD/JPY is at 153.89, up sharply from 153.04 as of Thursday's Tokyo stock market close. Investors are closely watching any progress in Prime Minister Sanae Takaichi's policy steps to boost the economy. The Nikkei Stock Average is up 1.0% at 51826.46. Source: Bloomberg
Both the STOXX 50 and STOXX 600 closed 0.2% lower on Thursday as investors weighed central bank actions, corporate earnings, and mixed economic data. The ECB kept rates unchanged for a third consecutive meeting, noting that the inflation outlook remains broadly stable, while the Fed cut rates again but cautioned that further easing in December is not guaranteed. On the data front, Eurozone GDP grew 0.2% in Q3, exceeding expectations, though performance across major economies was uneven, with France and Spain posting strong growth, while Germany and Italy stagnated. Among corporates,...
Stocks were lower Thursday as investors digested a batch of Big Tech earnings, while a meeting between President Donald Trump and Chinese President Xi Jinping concluded. The Dow Jones Industrial Average shed 131 points, or 0.3%. The S&P 500 dipped 0.6%. The Nasdaq Composite dropped 0.8%. Megacap tech giants Alphabet, Meta and Microsoft each reported quarterly results after market close Wednesday. While Alphabet shares popped about 4% on the back of strong results, shares of Meta and Microsoft tumbled about 12% and nearly 2%, respectively. Investors grew worried about the increased...
Asian stock markets fell in unison on Thursday, following Wall Street's decline. A brief rally in tech stocks led by Nvidia quickly faded, prompting investors to turn away from riskier assets like...
Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10% dalam sehari. Meski terkoreksi, euro masih berada...
President Vladimir Putin said he is willing to discuss ending Russia's war in Ukraine, despite rejecting changes sought by Kyiv and Europe to the U.S. peace plan drafted with Moscow.
Putin said he...